NAREIG International Realty and Beckett Capital Advise Local Buyer on Acquisition of Parking Structure in San Francisco’s North Beach District

NAREIG International Realty and Beckett Capital Advise Local Buyer on Acquisition of Parking Structure in San Francisco’s North Beach District

San Francisco, May 30, 2017 - NAREIG International Realty and Beckett Capital announce today that they have advised a Silicon Valley investor on the acquisition of 425 Broadway, a two level parking structure situated on a 14,226 sf parcel located in San Francisco’s North Beach.

The buyer was represented by Mike Pan of NAREIG and David Noravian of Beckette Capital. The seller, a local family, was represented by Seth McKinnon of CBRE.

Prior to this transaction, the property had been owned by the family for more than six decades. The purchase price was $11,000,000.

###

About NAREIG International Realty

NAREIG International Realty is U.S. NO.1 full-service real estate brokerage representing Chinese clients in a broad spectrum of real estate services, including residential, commercial, land development, and related concierge services.